Current situation of Steem or NewSteem || My Opinion
Hello everyone, good day ...
From past few days I have been noticing the fluctuate price of steem , may be a lot of investors are loosing their interest on steem but entire crypto market is down. I don't know how much it is effecting on entire blockchain but we always want to see steem on the top.. Because , sometimes steem is not that crypto what we actually think , it is much more we could ever imagine...
I have discussed today little bit from my small brain but I know you have so much to discuss about it.. Wanna hear from you...
Love
Priyan....
I am @priyanarc..... An architect, a dreamer and a passionate writer who loves to write about life.I try to present my own perspective and experiences. Please leave your feedback and criticism because it's the only way i can know and reach your mind and thought easily...
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Thank you...
Think of it like this . If you were to go jump on YouTube today and try make a name for yourself , it would be hard work and unless you manage to do something very special your chances of getting noticed are small .
In the early days of YouTube before it exploded. The famous YouTubers you see today were just like us creating quality content and praying that someday they would get noticed.
Building is hard as it takes not only a lot of work but a lot of faith that someday it will payoff .
There are no guarantees in life. So the more quality content we put out there for the world to see , the more we promote our blockchain , the more we support each other .
Th stronger Steem will become and the price will rise as confidence is restored in Steem.
There are a lot of projects being built on Steem and I feel like even though the price is down we are still building a foundation for the future.
Also it is a good time to be on Steem as you can build your own brand and get attention easier if you have the patience to wait and the faith that Steem will survive and grow.
So stay strong and Steem on!
Thanks for sharing,
Have an awesome day!
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I personally think that the steem price is completely to do with all alt coins being down.
People shouldn't get so disheartened as it's basically an all or nothing with steem at this point. If the alt coin market booms with another BTC bull run, steem will do well because it has a tone of fundimental development. If the alt coin markets fail and bitcoin becomes the one dominant future crypto, steem will die with the rest of them. When you look at it this way it's sort of liberating as there is more chance that alts won't fail completely.
BTC maximalists would say different 🤣
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Yea, @raj808 it's pretty much uncertain situation because it's crypto and market is down currently. Obviously , according with BTC other alt coin will rise but anything can be happen... All I wish that steem should also deserve one of the good alt coin position...
Thank you for stopping by dear....
I personally think that the steem price is completely to do with all alt coins being down.
People shouldn't get so disheartened as it's basically an all or nothing with steem at this point. If the alt coin market booms with another BTC bull run, steem will do well because it has a tone of fundimental development. If the alt coin markets fail and bitcoin becomes the one dominant future crypto, steem will die with the rest of them. When you look at it this way it's sort of liberating as there is more chance that alts won't fail completely.
BTC maximalists would say different 🤣
Posted using Partiko Android
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Well steem has a pretty high inflation rate so there are a lot of new coins being printed each day to distribute, the market is down in general since bakkt futures launched and Bidbot owners are now powering down. I think that those who stick around will naturally find that they get more support than they did before as more people leave (those who used bid bots). I don't see steem going to 0 but I do see it dropping below 10 cents.
I'm stoked to be earning more stake so that I have access to more RC's, i've been leasing out a half my SP too trying that out and i'm sure once RC pools come in we'll see more people and businesses buying up steem to run their projects
Exactly, people those have power they are continuously powering down, obviously people like you and me are trying to stake and focusing on building own account.. But , some structure can't be changed because whatever update is going to happen , nothing is changing.. May be balance needed because steem is for everyone... Thanks for your valuable feedback...
Stay blessed....
@chekohler ...